CoreWeave Inc (NASDAQ:CRWV) price closed higher on Tuesday, May 20, and jumping 4.22% above its previous close.
A look at the daily price movement shows that the last close reads $86.59, with intraday deals fluctuated between $83.305 and $96.3499. Taking into account the 52-week price action we note that the stock hit a 52-week high of $88.90 and 52-week low of $33.51. The stock added 154.81% on its value in the past month.
CoreWeave Inc, which has a market valuation of $43.31 billion, is expected to release its quarterly earnings report on 2025-May-13.
Technical indicators in stocks provide crucial insights into market trends, guiding investors with precise entry and exit points based on price movements for informed decision-making.
The overview shows that CRWV’s price is at present 60.52% off the SMA20 and 77.29% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 79.76, with weekly volatility standing at 16.57%. The indicator jumps to 11.54% when calculated based on the past 30 days. CoreWeave Inc (NASDAQ:CRWV)’s beta value is holding at 0, while the average true range (ATR) indicator is currently reading 8.08. Considering analysts have assigned the stock a price target range of $36-$85 as the low and high respectively, we find the trailing 12-month average consensus price target to be $53. Based on this estimate, we see that current price is roughly 60.11% off the estimated low and 5.81% off the forecast high. Investors will no doubt be excited to see the share price rise to $53, which is the median consensus price, and at that level CRWV would be 41.27% from current price.
An analysis of the CoreWeave Inc (NASDAQ:CRWV) stock in terms of its daily trading volume indicates that the 3-month average is 15.33 million. However, this figure increases on the past 10-day timeline to an average of 21.34 million.
Current records show that the company has 317.43M in outstanding shares. The insiders’ percentage holdings are 49.17% of outstanding shares while the percentage share held by institutions stands at 39.88%. The stats also highlight that short interest as of 2025-04-30, stood at 11.54 million shares, which puts the short ratio at the time at 0.86. From this we can glean that short interest is 558.00 of company’s current outstanding shares. Notably, we see that shares short in April rose slightly given the previous month’s figure stood at 5.56 million. But the 125.60% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
